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Alkane Resources Ltd
ASX:ALK

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Alkane Resources Ltd
ASX:ALK
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Price: 1.52 AUD 4.11% Market Closed
Market Cap: AU$2.1B

Wall St Price Targets

ALK Price Targets Summary
Alkane Resources Ltd

Wall Street analysts forecast ALK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALK is 2.2 AUD with a low forecast of 2.02 AUD and a high forecast of 2.42 AUD.

Lowest Forecast
Price Target
2.02 AUD
33% Upside
Average Forecast
Price Target
2.2 AUD
45% Upside
Highest Forecast
Price Target
2.42 AUD
59% Upside
Alkane Resources Ltd Competitors:
Price Targets
PPL
Pembina Pipeline Corp
-4% Downside
CLVT
CLARIVATE PLC
38% Upside
2191
SF Real Estate Investment Trust
20% Upside
LU
Lufax Holding Ltd
96% Upside
TXGN
TX Group AG
42% Upside

Revenue
Forecast

24% / Year
Past Growth
54% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
24% / Year
Past Growth
54% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 11 years, the compound annual growth rate for Revenue has been 24%. The projected CAGR for the next 3 years is 54%.

Operating Income
Forecast

N/A
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
N/A
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

The compound annual growth rate for Operating Income over the next 3 years is 108%.

Net Income
Forecast

N/A
Past Growth
72% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss
N/A
Past Growth
72% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss

The compound annual growth rate for Net Income over the next 4 years is 72%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is ALK's stock price target?
Price Target
2.2 AUD

According to Wall Street analysts, the average 1-year price target for ALK is 2.2 AUD with a low forecast of 2.02 AUD and a high forecast of 2.42 AUD.

What is the Revenue forecast for Alkane Resources Ltd?
Projected CAGR
54%

Over the last 11 years, the compound annual growth rate for Revenue has been 24%. The projected CAGR for the next 3 years is 54%.

What is the Operating Income forecast for Alkane Resources Ltd?
Projected CAGR
108%

The compound annual growth rate for Operating Income over the next 3 years is 108%.

What is the Net Income forecast for Alkane Resources Ltd?
Projected CAGR
72%

The compound annual growth rate for Net Income over the next 4 years is 72%.

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